Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRCV26179181

Year Built 1947

Lot Size 0.256 Acres

Source California Regional MLS

Property Description

Welcome to 6608 Ira Ave, a 5-unit income property offering current rental income with long-term upside potential. The property features four separate residential buildings, three buildings contain one unit each, while the fourth contains two units. A rear carport provides off-street parking. At the current asking price the property offers a 13.50 GRM and a price of approximately $220,000 per unit. Current rents have recently been increased in accordance with applicable regulations. With existing income in place and opportunities for future improvements, the property offers investors the potential to improve performance over time. Conveniently located near shopping, transportation, major freeways, and other local amenities.

Location

State CA

County Los Angeles

Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26

Interior

Cooling Other

Laundry None

Exterior

Garage Spaces 5.0

Pool None

Building

Water District - Public

Others

Tax ID 6329013028

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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6608 Ira Bell Gardens, CA 90201